Cryip
  • Home
  • Crypto News Today
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features
No Result
View All Result
Cryip
  • Home
  • Crypto News Today
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features
No Result
View All Result
Cryip
No Result
View All Result
Home Crypto News Today Security & Hacks

$24 million crypto robbery : Trader Targeted in Violent Physical Attack

The Dark Side of Digital Wealth: Why Offline Personal Safety and Real-World OPSEC are Now the Ultimate Security Priorities for High-Net-Worth Crypto Holders.

Saravana Kumar Mahendran by Saravana Kumar Mahendran
March 5, 2026 - Updated on July 18, 2026
in Security & Hacks
0 0
$24 million crypto robbery
Share on FacebookShare on Twitter
MakeCryipCryippreferred onGoogle

Crypto trader @sillytuna was reportedly robbed of about $24 million in a violent “wrench attack.”

According to reports, attackers abducted and threatened him physically to force access to his crypto holdings. The incident highlights that physical coercion can bypass even strong digital security.

DAI

The Incident: Physical Violence Over Phishing

On March 4, 2024, the victim was targeted by armed assailants. Unlike a traditional cyber-hack, the perpetrators used physical force, kidnapping, and threats of sexual violence to compel the trader to authorize the transfer of his assets.

In a harrowing post on X (formerly Twitter), @sillytuna confirmed the ordeal, stating, “I am still alive, and my organs are intact.” The statement highlights the extreme brutality of the confrontation, marking a terrifying shift from digital theft to physical predatory crime.

Asset Breakdown and Attacker Wallets

The stolen assets consisted primarily of aEthUSDC (interest-bearing USDC on the Aave Protocol). The majority of the funds were moved in a single transaction.

According to on-chain data, the stolen funds were immediately converted into DAI stablecoins and distributed between two primary attacker wallets:

Wallet Address Current Balance
0xdCA9F78a5740bd19D4652F877B7a10a6Ad3eC9C4 ~$10M DAI
0xd0c2C387A7F10CD1FBb1078FaCC834eC43c9dd3E ~$10M DAI

Total Loss: ~23.6 Million aEthUSDC (Value: $24M+)

Victim’s Wallet Address: 0x6fe0fab2164d8e0d03ad6a628e2af78624060322

On-Chain Evasion Tactics

Security firms PeckShield have issued alerts regarding the movement of these funds. The attackers are currently bridging small amounts to the Arbitrum network and utilizing the Hyperliquid platform to swap for Monero (XMR), a privacy coin that is notoriously difficult to trace.

While initial reports by PeckShield suggested an “address poisoning” attack, the victim clarified that it was a premeditated physical assault.

A Warning to Crypto Holders: The Rise of “Wrench Attacks”

This incident serves as a stark reminder that hardware wallets and multi-sig security cannot protect against real-world violence. A report by CertiK indicates that “wrench attacks” (physical coercion for crypto) increased by 75% in 2025.

This surge in physical threats is becoming a major concern for the industry. For more context on the current state of digital asset theft, the February 2026 crypto security report details how over $23 million was lost across various incidents just last month alone.

Critical Safety Measures (OPSEC):

  • Privacy is Protection: Avoid disclosing large holdings or your net worth on social media.
  • Location Security: Ensure your home address and real-time location are not leaked online.
  • Anonymous Operations: High-net-worth individuals are encouraged to use anonymous accounts and limit the use of KYC-heavy exchanges where possible.

The victim, @sillytuna, has announced his permanent departure from the crypto space following the trauma. He has offered a 10% bounty for any recovered funds, even if the attackers choose to return the money voluntarily. International law enforcement and cybercrime units are currently investigating the trail of the privacy-focused transactions.

AI Disclosure: Cryip uses AI-assisted tools to help refine language — correcting spelling and grammar and simplifying complex terms for readability.

We do this to make crypto topics easier to understand for readers at all experience levels. AI does not draft facts, sources, or conclusions. Every article is reviewed and approved by a human editor before publication. Read our full AI Use & Content Policy.

Disclaimer: Cryip’s content is strictly for informational purposes and does not constitute financial, legal, or investment advice. Asset references are not endorsements, and readers assume full responsibility for any financial decisions.
Tags: Crypto Hacks
Saravana Kumar Mahendran

Saravana Kumar Mahendran

Saravana Kumar Mahendran is a crypto security analyst and blockchain researcher at Cryip, focusing on DeFi protocol exploits, Web3 security systems, and on-chain investigation. His research applies OSINT and fact-checking methodology to security incidents, drawing on certifications in cybersecurity and data analytics (LinkedIn Learning), and DeFi deep-dive training (Binance Academy). His work has been cited by Sherlock, Rekt.news, and Halborn Security.

Related Posts

BitGo’s Belshe Dares Anthropic to Hack His Bitcoin Wallet, Again
Security & Hacks

BitGo’s Belshe Dares Anthropic to Hack His Bitcoin Wallet, Again

by Saravana Kumar Mahendran
August 3, 2026

On August 1, Mike Belshe publicly disputed Anthropic's account of its own AI. The BitGo co-founder and CEO called the...

Read moreDetails
July 2026 Crypto Hacks: Nearly $200M Lost Across Wallets, DeFi and Bridges

July 2026 Crypto Hacks: Nearly $200M Lost Across Wallets, DeFi and Bridges

August 1, 2026
Coldcard Advisory Ties 594 BTC Theft to a Flaw Found Only in Mk3

Coldcard Advisory Ties 594 BTC Theft to a Flaw Found Only in Mk3

July 31, 2026
Drift Protocol Hacker Moves $44M in ETH to Tornado Cash After Three Months

Drift Exploiter Moves $44M in ETH Through Tornado Cash After Three Months of Inactivity

July 24, 2026
Hackers Compromise Robinhood CEO Vlad Tenev’s X Account to Promote Unauthorized Memecoin

Hackers Compromise Robinhood CEO Vlad Tenev’s X Account to Promote Fake VLAD Token

July 24, 2026
Three Crypto Exploits Drain Over $35.5 Million in Hours as Verus, AFX, and B² Are Hit

Multiple Bridge Exploits Drain $35 Million Across Bitcoin and Ethereum Networks

July 23, 2026
VerusCoin Ethereum Bridge Exploited for $7.54 Million in Repeat Attack

VerusCoin Ethereum Bridge Exploited for $7.54 Million in Repeat Attack

July 23, 2026
Next Post
World Liberty Fi Deposits Additional 16.71M WLFi Tokens to OKX

World Liberty Fi Deposits Additional 16.71M WLFi Tokens to OKX

Andreessen Horowitz Crypto Unit Targets $2 Billion for Fifth Dedicated Fund

A16z Crypto Targets $2 Billion for Fifth Crypto-Focused Venture Fund

Recommended

  • All
  • Crypto News Today
Bithumb Publishes New IPO Roadmap, Targets 2028 Listing

Bithumb Publishes New IPO Roadmap, Targets 2028 Listing

August 3, 2026
Robinhood Wins UK Crypto Registration After Its First Attempt Fell Apart

Robinhood Wins UK Crypto Registration After Its First Attempt Fell Apart

August 3, 2026
BitMine Adds 10,399 ETH, Expands Crypto Treasury to $11.3B

BitMine Adds 10,399 ETH, Expands Crypto Treasury to $11.3B

August 3, 2026
Strategy Sells 1,638 BTC for $104.7M to Cover Dividends and Fund Buybacks

Strategy Sells 1,638 BTC for $104.7M to Cover Dividends and Fund Buybacks

August 3, 2026
Bitget to End Services for Japan Residents After Years of FSA Warnings

Bitget to End Services for Japan Residents After Years of FSA Warnings

August 3, 2026
Binance to Delist ACX, HFT, PIVX, PYR, VANRY and VIC After Monitoring Tag Warnings

Binance to Delist ACX, HFT, PIVX, PYR, VANRY and VIC After Monitoring Tag Warnings

August 3, 2026
Hong Kong Woman Met Her Crypto Romance Scammer in Person. She Still Lost $3.3 Million

Hong Kong Woman Met Her Crypto Romance Scammer in Person. She Still Lost $3.3 Million

August 3, 2026
Bitcoin Nears Its 200-Week Average, But Strategy Hasn't Bought Any in 5 Weeks

Bitcoin Nears Its 200-Week Average, But Strategy Hasn’t Bought Any in 5 Weeks

August 3, 2026

Cryip focuses on crypto research and on-chain analysis, supported by coverage of markets, regulation, security events, and blockchain ecosystems.

Recent Posts

  • New SARB Rules Define Cross-Border Crypto Transfers in South Africa
  • Bithumb Publishes New IPO Roadmap, Targets 2028 Listing
  • Robinhood Wins UK Crypto Registration After Its First Attempt Fell Apart

Categories

  • AI × Crypto
  • Data & Dashboards
  • DeFi Basics
  • Investing Basics
  • Market & Price
  • Market Updates
  • On-Chain Analysis
  • OpSec
  • Policy & Regulation
  • Post Mortems
  • Press Release
  • Reports
  • Scams & Fraud
  • Security & Hacks
  • Stablecoins
  • Tokenomics
  • VC & Funding
  • Wallets & Custody

Company

  • About Us
  • Contact Us
  • Editorial Standards & Integrity
  • Our Team
  • Privacy Policy
  • Review Methodology
  • Terms and Conditions
  • Trust, Disclosures & Independence

© 2026 Cryip - Research-Driven Crypto Analysis & News by Hashlays.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Crypto News Today
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features

© 2026 Cryip - Research-Driven Crypto Analysis & News by Hashlays.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.